Just my ideas here.

A couple of things Webs says the expenses were 80.4 million the new one is 84.4 million.

Did Teck pay for the last drills on our land to prove they were mineralized?

What work did we do on SC to expend 4 million other than the four drills at 1 million per month..... right we didn't.

So Teck says we are happy we are buying you out.

Elmer says great we have had a great relationship and things have been played nicely in the sandbox. I am sure prices had already been kicked around previously. Close camp and reduce costs expecting a fair offer for everything.

We will give you an official offer. Low offer not acceptable. Elmer says no problem lets go drill some more and you will pay more when we are done and if you won't someone else will.

You don't stop camp. Call for a drill and then say oh we have enough samples. Something smells funny in a good way.

Teck comes back and says ok lets talk about it before the BFS is dropped. I have a feeling some people have been staying up very late trying to finalize this thing before the bfs is made public and time is running out. Oh and just in case you don't buy us out at a fair price we have some other Big wallets waiting to see what you do. Your right we will sell our percentage and the rest of our lands to them at a fair price or you can pony up the big dollars and sell a portion to them while remaining in control. You choose.

Sincerely, Elmer

Just my thoughts on what is going on. Thanks Alerce for the info.

BTW I am not Elmer.

Turn up the heat it is about to get real interesting.

Moxam